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Walmart and General Mills build a sustainable food supply

Walmart and General Mills build a sustainable food supply
Working as partners in regenerative agriculture projects, Walmart and General Mills are working with authorities to create a more sustainable food system

Disruption of the food supply chain is perhaps the single most impactful event that can have detrimental effects globally. Also, the emissions that are produced as a result of the global food supply are just as impactful to our future and the shortage of food itself.

According to 2018 data from the United States Department of Agriculture (USDA) meat, eggs and nuts are the primary sources of food across the states while vegetables are the third largest and fruit is at the bottom. However, from what we’ve seen over recent years, many would suggest the meat supply chain accounts for a large proportion of the industry’s emissions and is therefore unsustainable in its current mass-production form.

Now, this is not to blame the humble cow or any other animal for climate change, but more the processes in which meat is reared and distributed across the US. With certain regenerative principles in place—and the support from the public to reduce consumption—farms are known to provide higher quality goods that are nutritionally beneficial.

How does regenerative agriculture support a sustainable food system?

This is neither a slight of common habits, nor a simple task to conduct. In order to make the food system sustainable economically, consistent, and less impactful to the climate, examples of regenerative agriculture show the impacts of more mindful farming.

On the 17th October 2023, General Mills and Walmart announced a joint effort that will likely spark further consideration as the organisations advance regenerative agriculture across 600,000 acres of US soil by 2030. This project is about reducing the emissions and resource-drain from farming, improving soil health and, in turn, product quality.

The primary projects will be supported through grant funding from the National Fish and Wildlife Foundation (NFWF) and will reshape the process for growing crops like wheat across the Northern and Southern Great Plains.

Based on the research from the USDA, grains are the second most-consumed foods in the country after the meat, eggs, and nuts group.

These two corporations will also collaborate with Sam’s Club, a division of Walmart that offers superior quality and pricing for millions of items supplied to the US and Puerto Rico.

“Through this partnership, we will work hand-in-hand with Walmart and Sam’s Club to help regenerate the acres of land in the key regions where we source ingredients for our shared business,” says Jon Nudi, Group President, North America Retail at General Mills.

“We are excited by the opportunity to bring our products, including Pillsbury refrigerated dough and Blue Buffalo pet food and treats, to Walmart shelves more sustainably, with the help of our merchants and farmer partners.”

The three organisations believe that regenerative agriculture holds the key to emissions reduction in the supply chain and tackles many of the challenges within the modern food system. They also recognise their collective footprint and overall impact on the industry, and therefore will set the benchmark for regenerative agriculture implementation in the wider industry.

Walmart’s and General Mills’ sustainability alignment

Both organisations are impacted by the fate of the planet. As influential businesses in the food supply chain—Walmart operating across many facets of consumer goods—sustainability is now at the core of their future projects. Walmart’s net-zero emissions target is set for 2040 and will be driven by a number of investments into clean energy, providing 100% renewables to its facilities by 2035. The path to net-zero in Scope 3 requires further action to support its partners, suppliers, and customers to deliver on their own emissions targets.

When it comes to securing the food supply chain, Walmart dedicates much of its support to preserving land for regenerative projects and in investing deforestation-free product sourcing, which was recognised as one of the key downfalls of the meat supply chain—limited space resulting in deforestation.

“We’re committing to making the everyday choice the more sustainable choice for consumers,” says John Laney, Executive Vice President, Food at Walmart US.

“This collaboration is an example of how we are working across our value chain on intentional interventions to help advance regenerative agriculture and ensure surety of supply for these essential food products for the long term.”

As a key supplier of food globally, General Mills owns some of the much-loved brands and will continue to ensure that these products are delivered at lower impact to the planet. Also focusing on regenerative agriculture, energy sourcing and packaging innovation will also allow the company to drive healthier approaches in the food supply chain.

 

 


 

 

Source   Sustainability

Lab-grown meat takes off, with the beef-loving US leading

Lab-grown meat takes off, with the beef-loving US leading

The arms race of investment for lab-grown has commenced. Money is being poured in as many see the lucrative and environmentally-sound possibilities in weaning a sceptical world away from its love of pork, beef, lamb, chicken, and the such.

According to a report by GovGrant, in terms of numbers, the US is far ahead of the game, being the only market to have broken the £1bn mark for investment (£1.36bn). A strong second belongs to the nation of Israel (£474.5m) – with its mature venture capital sector – followed by the Netherlands (£123.m), and Singapore (£100.6m).

Bringing up the remainder of the top ten are, in order, the UK, China, South Korea, Japan, France and Spain.

Much hope has been staked in the UK as it seeks to diversify its economy in the wake of Brexit. With the exception of the Netherlands, it is the leader for lab-grown meat in the region.

According to Adam Simmonds, a researcher at GovGrant: “Although it’s some way behind the US, the UK is still a leading innovator in this area. Plus, because there’s such huge potential demand among consumers here, that’ll only spur companies on to innovate further and perfect their products.”

FDA approval opens the doors

This emerging food technology recently received approval from the US’ Food and Drug Administration, thereby opening the doors to a massive scaling up in the coming years. To believe one estimate, lab-grown meat will make up a quarter of meat consumption by the year 2035.

These developments are not coming a moment too soon: according to the United Nations Food and Agriculture Organization, the livestock sector makes up 18% of all greenhouse gases. A robust lab-grown meat industry is sure to alleviate this pressure on the environment.

Alec Griffiths, IP Manager at GovGrant, commented on the technology’s extraordinary opportunities: “With the FDA rubber-stamping lab-grown meat as safe, the market should really take off now. That makes it more important than ever for companies to protect their assets, so we can expect to see an acceleration in the number of patents filed in the coming months and years – and plenty of new faces in the sector.”

 

 


 

 

Source Sustainability

Food giants investing ‘record amounts’ in plant-based protein, investor report reveals

Food giants investing ‘record amounts’ in plant-based protein, investor report reveals

The initiative, supported by investors collectively managing $68trn of assets, has today (26 October) published a report detailing its engagement with almost two-dozen large food and drink firms including ingredient suppliers, manufacturers and retailers, on the topic of protein diversification. FAIRR advocates for protein diversification as a means of reducing risk in the sector, including risks such as antibiotic resistance and climate risk.

The report reveals that 35% of the 23 businesses now have a time-bound, numerical target to increase sales of meat and dairy alternatives, up from 28% this time last year. One of the firms to have set a target this year is Ahold Delhaize’s Dutch supermarket brand Albert Heijn, which is now aiming for 60% of protein sales to be plant-based by 2030. Also praised in the report in Conagra Brands, the US-based company producing brands including Slim Jim, Gardein, Hunts and Reddi Whip.

 

 

Promisingly, the report also revealed that many companies are now able to offer plant-based alternatives to meat and dairy products at a similar price point. It states that Tesco’s ‘Plant Chef’ ready meal range is 11.6% cheaper than the supermarket’s own-brand ready meals including meat, for example. Similarly, Walmart now offers alternative proteins in its ‘Great Value’ own-brand line.

In the context of rising food prices this year, FAIRR has documented a 6% increase for meat and just a 3% increase for plant-based meat alternatives.

FAIRR believes that plant-based products will reach cost parity with meat and dairy alternatives in 2023 at the earliest and by 2031 at the latest. It is also expecting major breakthroughs in taste and texture this decade.

“Combined with inflation that is driving the price of traditional meat and dairy up at a quicker rate than alternatives, we are starting to see a world where plant-based meat and dairy is just as affordable as conventional animal-based products,” said FAIRR chair and founder Jeremy Coller.

Nonetheless, there are concerns that some brands will not be increasing their investment in alternative proteins as economic concerns continue to bite. Brands will also doubtless be seeing media coverage of challenger brands that are deemed to have expanded too rapidly, such as Beyond Meat.

FAIRR found that around half of the companies assessed are likely to maintain, rather than accelerate, their work on product research and development as well as on broader climate risk mitigation.

 

Climate laggards

Despite this increased investment in alternative proteins, FAIRR is concerned that many firms are not seeing protein diversification as a means of minimising climate impact and risk.

The report also raises questions over the ambition and credibility of net-zero targets in the sector. It states that 16 of the 23 companies have publicly stated net-zero targets, but only five (Ahold Delhaize, Unilever, Tesco, Nestle and Marks & Spencer (M&S)) have targets covering Scope 3 (indirect) emissions. On average, 94% of the total emissions of each company engaged by FAIRR are Scope 3, making this a crucial element of climate action.

The report notes that most of the companies (65%) have 2030 climate targets approved by the Science-Based Targets Initiative (SBTi). With the SBTi set to increase its minimum requirements from alignment with a 2C pathway to a 1.5C pathway, the report calls on companies with 2C targets – Unilever and Groupe Casino – to update their targets as a priority. But it believes all food companies should revisit their Scope 3 emissions targets.

Companies named as laggards in engagement with FAIRR on climate-related issues are Costco, Amazon, Coles, Grupo Nutresa, Krogerand Saputo. Additionally, Walmart and Hershey are named as weak performers in terms of engaging consumers with the need to change dietary habits.

 

Fund for thought

In related news, the Global Alliance for the Future of Food is urging the Egyptian COP presidency to recognise the importance of food systems in climate mitigation and adaptation. There will be a day dedicated to food on the agenda this time around.

The Alliance has released a report stating that just 3% of public climate finance provided globally goes to food systems, despite the fact that agriculture and food waste are significant sources of emissions and that food systems will experience climate shocks in a warming world.

The report states that an estimated $300-350bn each year is needed annually to make food systems sustainable and climate resilient. It argues that this money could be found by redirecting farming subsidies which encourage the exploitation of nature.

Without a major scaling up of funding, the report warns, food systems emissions will jeapordise the Paris Agreement and undermine efforts to halt and reverse biodiversity loss.

The Alliance’s climate programme director Patty Fong summarised: “Food systems transformation is critical to ensure food security, improve health, protect biodiversity, and prevent a climate catastrophe. Governments at COP27 must raise their ambition on food and farming, including by boosting finance available to lower-income countries.”

 


 

Source edie